Property Evaluation

Canyon Lake, TX 78133 640 Rainbow

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Presented By: Adam Morgan with Option One Real Estate; (210) 392-2851
  • MLS# 1848071
  • 03/07/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 4
  • SQFT • 2,774

Home Details

This stunning five-bedroom, four-bathroom home has been completely remodeled from top to bottom and is perfectly situated within walking distance of the Guadalupe River and Whitewater Amphitheater. Whether you're looking for a personal getaway or a short-term rental, this home offers both charm and modern convenience in an unbeatable setting. Sitting on over an acre of land beneath beautiful oak trees, this property is not in a floodplain-a rare and valuable find. The location makes it easy to walk to nearby tube rentals and enjoy a leisurely two-hour float on the river. The vibrant neighborhood is at the heart of all the action, providing the perfect mix of relaxation and entertainment. The renovation, completed in late 2023, took the home down to the studs, ensuring every detail was carefully updated. Everything is brand new, including the plumbing, electrical, septic system, HVAC, flooring, drywall, windows, and doors. The beautifully designed interior features solid wood, soft-close cabinets with quartz countertops, designer fixtures, and a blend of modern finishes with vintage charm. Vaulted ceilings, recessed lighting, and an open floor plan create a bright, inviting space ideal for entertaining or unwinding. For those looking for a seamless move-in or rental experience, some furnishings are negotiable as well. Don't miss this rare opportunity to own a one-of-a-kind home in a prime location. Schedule a showing today!
Presented By: Adam Morgan with Option One Real Estate; (210) 392-2851

Interior Features for 640 Rainbow

Bedrooms

Bedroom2 Width15
Bedroom3 Length10
Bedroom3 Width9
Bedroom4 Length9
Bedroom4 Width11
Bedroom5 Length11
Bedroom5 Width12
Total Bedrooms5

Bathrooms

Full Baths4

Kitchen

Kitchen Length11
Kitchen Width10

Other Interior Features

WINDOW COVERINGSSome Remain
# of Fireplaces1
FlooringCeramic Tile
Heating FuelElectric
Interior FeaturesTwo Living Area, Separate Dining Room, Eat-In Kitchen, Two Eating Areas, 1st Floor Lvl/No Steps, Open Floor Plan, All Bedrooms Downstairs, Laundry Main Level, Laundry Room, Walk in Closets
Stories1

Other Rooms

Utility Room Length8
Utility Room Width9
Entry Room Length20
Entry Room Width15
Dining Room Length10
Dining Room Width14
Family Room Length17
Living Room Length20
Living Room Width13

General for 640 Rainbow

Area2606
Attached Garage No
Bathrooms4
BuilderUnknown
ClassSingle Residential
ConstructionPre-Owned
CoolingOne Central
Elementary SchoolMountain Valley
Energy EfficiencyDouble Pane Windows, Low E Windows, Ceiling Fans
HOA MandatoryNone
Half Baths
HeatingCentral
High SchoolCanyon Lake
Legal DescriptionRiver Point Estates, Block 2, Lot 3
Middle SchoolMountain Valley
Neighborhood AmenitiesNone
Proposed TermsConventional, FHA, VA, Cash
RoofComposition
School DistrictComal
StatusActive
StyleOne Story
SubdivisionRiver Point Estates
Taxes$7,650
TypeSingle Family Detached
Year Built1975

Exterior for 640 Rainbow

ExteriorStone/Rock, Stucco
Exterior FeaturesPatio Slab, Covered Patio, Privacy Fence, Partial Fence, Mature Trees
FoundationSlab
Garage ParkingNone/Not Applicable
InclusionsCeiling Fans, Washer Connection, Dryer Connection, Washer, Dryer, Microwave Oven, Stove/Range, Refrigerator, Disposal, Dishwasher, Electric Water Heater, Solid Counter Tops
Lot Description1 - 2 Acres, Partially Wooded, Level
Lot ImprovementsStreet Paved, Curbs
Lot Size1.012
PoolNone
Pool (Y/N)N
Water/SewerWater System, Sewer System

Additional Details

Price History

Schools

Elementary School Mountain Valley Elementary School
Middle School Mountain Valley Middle School
High School Canyon Lake High School

Traci Frasier

Broker Associate | Director of Luxury and Residential Sales
Price $749,990
MLS#1848071
List Date 03/07/2025
Property Type Single Family
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Hill Country Dream Team is independently owned and operated and fully supports the principles of the Fair Housing Act and is an Equal Opportunity Employer. All listing information is from sources deemed reliable. However, no representation is made as to the accuracy or completeness thereof and should be independently verified.
Hill Country Dream Team is independently owned and operated and fully supports the principles of the Fair Housing Act and is an Equal Opportunity Employer. All listing information is from sources deemed reliable. However, no representation is made as to the accuracy or completeness thereof and should be independently verified.
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